The letter stresses that if you have filed a 2019 or 2020 tax return the IRS will automatically pay you the benefit and that no further action is needed on your part. The child tax credit in itself is not new, and something available to be claimed every year during tax time.

Is the IRS sending out letters about child tax credit?

If you believe the amount of your monthly child tax credit payment is incorrect, you should review Letter 6417 sent to you by the IRS. These letters were mailed before the first round of monthly child tax credit payments, informing you of your estimated payment based on your tax information the IRS has on file.

When does the IRS start sending out letters?

IR-2021-124, June 7, 2021 WASHINGTON — The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may be eligible to receive monthly Child Tax Credit payments starting in July.

Can You Trust a letter from the IRS?

Never trust a letter just because it says ‘IRS’. Many tax scammers will design a notice to exactly like it came from the IRS in order to steal your personal information. With a social security number they could even steal your identity.

Where to find letter of explanation from IRS?

You will find this notice (CP) or letter (LTR) number either on the top or the bottom right-hand corner of your correspondence. The IRS sends notices and letters for the following reasons: A due balance. A change in your refund amount. Questions regarding your tax return. To verify your identity.

What do I need to receive an IRS letter?

To expedite the process when calling, you must have: 1 Your 5071C letter, 5747C letter, 5447C letter, or 6331C letter. 2 The income tax return (form 1040,1040-PR, 1040-NR, 1040-SR, etc.) for the year shown on the letter. 2.1 Note: A Form W-2 or 1099 is not an income tax return.